01.07.2014 - Abu Dhabi fund ADIA bullish on infrastructure, alternative investments
Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, is bullish on infrastructure and alternative investments in 2014, it said on Tuesday after reporting its 20-year annualised returns fell last year. Headquartered in the capital of the United Arab Emirates, ADIA manages the surpluses of Abu Dhabi's earnings from oil exports and has assets estimated at $773 billion by the Sovereign Wealth Fund Institute. Publishing its annual review for 2013, which provides rare insights into ADIA's broad strategy, the fund said alternative investments - those outside mainstream areas such as equities and bonds - achieved their overall target last year. Its hedge fund portfolio delivered strong results despite challenging market conditions...............................................Full Article: Source
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